Merrill, IA
Population 885 · Iowa
About Merrill, IA
Merrill is a small community in Iowa with a population of 885 residents. The median household income is $79,250 per year, which is above the national average. The median age in Merrill is 36.2 years.
Housing in Merrill has a median home value of $157,200 and median monthly rent of $581. Of the 382 total housing units, the majority are owner-occupied, with 281 owner-occupied and 62 renter-occupied units.
The unemployment rate in Merrill is 1.9% and the poverty rate is 4.5%. 11.9% of residents hold a bachelor's degree or higher. The average commute time is 19.1 minutes.
Cost of Living in Merrill, IA
Compared to national averages, Merrill has a median household income of $79,250 (5% above the national median of $75,149). Home values average $157,200, which is 36% below the national median. Monthly rent at $581 is 50% below the US average of $1,163. Within Iowa, Merrill's income is 17% above the state average of $67,947, and home values are 19% above the state median of $132,237.
Why Live in Merrill, IA?
Merrill offers a strong local economy with a median household income of $79,250, well above the national average, and affordable housing with a median home value of $157,200, below the US average of $244,900, and rent that’s lower than the national average at $581/month. Additionally, the city features a strong job market with an unemployment rate of just 1.9%, and a low poverty rate of 4.5%, better than the national average, and short commute times averaging just 19.1 minutes.
Merrill has a population of 885 with a median age of 36.2 years. Compare Merrill with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Merrill
Cities in Iowa with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Merrill With Other Cities
Frequently Asked Questions about Merrill
What is the population of Merrill, IA?
The population of Merrill, IA is 885 according to the latest Census data.
What is the median household income in Merrill?
The median household income in Merrill, IA is $79,250 per year.
What is the median home value in Merrill?
The median home value in Merrill, IA is $157,200.
What is the average rent in Merrill?
The median monthly rent in Merrill, IA is $581.
What is the unemployment rate in Merrill?
The unemployment rate in Merrill, IA is 1.9%.